This contrast guide assists users that struggle to choose in between Swissquote and Tickmill to locate the very best online broker for their trading and financial investment demands. It examines the main features of the two brokers side-by-side to assist individuals contrast their solution and make an informed decision.
To aid individuals select the appropriate broker between Swissquote and Tickmill to locate the best-suited system, below is a list of broker’s advantages and disadvantages, complied with by a contrast of their primary trading attributes, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, assets, regulation, and client assistance.
Swissquote vs. Tickmill: Summary
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
Tickmill is a reputable multi-asset broker founded in 2014. It is regulated by two tier-one regulators (the FCA and MiFIDI) and is considered safe. The broker offers access to 700+ trading instruments including CFD on forex, cryptos, commodities and bonds.
Although Tockmill has an professional grade proprietary platform, they offer access to third party platforms and plugins including MetaTrader (MT4 and MT5), CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.
Tickmill offers the lowest pricing in the industry for active traders. Their pricing on Classic accounts is industry average.
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Pros
- Low minimum deposit ($100)
- Low average spreads from 0.54 pips EUR/USD
- Compatibility with MetaTrader 4, 5 and TradingView
- Free $30 no deposit bonus for beginners
- Futures and options trading via CQG trading platform
Cons
- Only offers CFDs
- No Islamic swap-free accounts available
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Key features
- Wide range of CFDs markets
- Advanced TradingView charting add-ons
- Real-time market sentiment data directly from the Dow Jones news feed
- Free access to Tickmill VPS and Autochartist
- Low average spread (0.54 pips EUR/USD)
Swissquote vs. Tickmill Comparison
Select up to 3 Brokers
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
Tickmill
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 1:500 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $10 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | Futures $0.85 per contract |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 0 |
| Stocks & ETF | $9 | 0 |
| CFD (Gold) | 5.37 pips | 0 |
| Crypto | 0.50% | 0 |
| Options | $1.49 per contract | $1.30 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 60 | 0 |
| ETF & Funds | 9000 | 0 |
| Crypto | 26 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 6 | 240 |
| Futures | 6 | 800 |
| Bonds | 53000 | 0 |
| Forex Instruments | 80 | 62 |
| CFD Indices & Funds | 26 | 26 |
| CFD Stocks | 0 | 0 |
| CFD Commodities | 12 | 3 |
| CFD Crypto | 12 | 8 |
| CFD Bonds | 3 | 4 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Swissquote vs. Tickmill Comparison Conclusion
The results of our contrast of Swissquote vs. Tickmill are wrapped up in the table listed below.
| Broker: | Best For: |
| Swissquote | Investors |
| Tickmill | CFD trading; High volume traders |
Selecting the ideal option between Swissquote and Tickmill can be hard. Both online brokers have resemblances however differ relating to trading instruments, systems & apps, policy, deposit & withdrawals, and study and education. Choosing the best broker depends upon customers’ trading & financial investment goals, specific preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.